Mid Los Angeles (C16) Homes with Multi Family Subtype

Welcome to Mid Los Angeles (C16), a vibrant and diverse neighborhood that perfectly encapsulates the essence of urban living in the heart of Los Angeles. Known for its rich cultural tapestry, this region is a melting pot of traditions, cuisines, and lifestyles, making it an exciting place to call home. With its proximity to downtown LA, Mid Los Angeles offers residents easy access to a plethora of entertainment options, dining experiences, and cultural landmarks.

The real estate market in Mid Los Angeles is particularly appealing for those seeking multi-family homes. These properties are not only ideal for larger families or groups of friends looking to share living spaces, but they also present a fantastic investment opportunity for savvy buyers. Multi-family homes in this area often feature spacious layouts, private outdoor areas, and a range of amenities that cater to modern living.

The neighborhood boasts convenient access to public transportation, making commuting a breeze. Residents can enjoy nearby parks, local shops, and a vibrant nightlife, all while being surrounded by the dynamic energy of Los Angeles.

Whether you’re looking to invest in a multi-family property or searching for a unique living arrangement, Mid Los Angeles offers a blend of community spirit and urban convenience that is hard to resist. Embrace the opportunity to become part of this thriving neighborhood and discover the charm that makes Mid Los Angeles a perfect place to live, work, and play!

Newest Mid Los Angeles (C16) Homes with Multi Family Subtype

$3,795,000

CV26204221 MLS ⋅ Active Status

Rare opportunity to acquire a substantial multifamily investment property in the highly desirable Mid-City/Harvard Heights area of Los Angeles. The property features 17 units on an approximately 10,018-square-foot lot, offering investors a sizable existing rental asset with meaningful value-add potential. The property includes 14 existing units plus 3 attached ADUs, providing an attractive opportunity to enhance the income-producing potential of the property. Five units have been fully remodeled with permitted improvements, including updated kitchens, modern cabinetry, flooring, lighting, bathrooms, and other interior and exterior enhancements. The property benefits from individually metered gas and electricity, gated parking, and a well-positioned two-story configuration. The approximately 9311-sq ft building sits within a commercially zoned area for both multi-family and retail. It offers investors multiple avenues to improve operations, rents, and overall property performance, subject to applicable approvals and regulations. This property maintains an approximate cap rate of 5.14% from Day 1 and upside up to a Proforma rate of 10.48%. Strategically located along Venice Boulevard with convenient access to Koreatown, Downtown Los Angeles, Culver City, major employment centers, public transportation, and regional freeways. This is a compelling opportunity for investors seeking an established multifamily asset in a central Los Angeles location with existing improvements and additional upside potential.

1639 S Hobart, Los Angeles

$1,100,000

P1-27721 MLS ⋅ Active Status

Every investment marks the beginning of a new chapter--and this one is ready for you to write yours. Conveniently located in Los Angeles, this charming six-unit apartment building presents an excellent investment opportunity. The property offers 12 bedrooms and 6 bathrooms across spacious, bright, and airy floor plans. One unit is currently vacant, providing immediate upside potential for an owner-user or the opportunity to increase rental income. Full of character and appeal, this well-maintained property is sure to attract a wide range of tenants and investors alike.

3201 W 21st Street, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.